Comment by dehrmann

1 day ago

> With a P/E of 530 its hard to imagine a better short opportunity in the market

Bitcoin has an infinite P/E.

Edit: P/E is also goofy for barely profitable companies. If you plot earnings on the x axis, P/E on the y, and hold price constant, you'll get a 1/x curve. It's not continuous at zero, and it ramps up quickly.